39 result(s) for art sale in Business
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.
Ft 2.5bn VAT Scam Uncovered In Hungary
- 15 Jul 2013 9:00 AM
- business
Tax officials have broken up a tax fraud scheme in which companies used false invoices to avoid paying Ft 2.5 billion worth of VAT, the Tax and Customs Office (NAV) announced on Friday. Financial detectives seized 16 luxury cars, 11 properties and €25,000 in cash and detained five people.
Car Dealers Fight For Survival As Market Shrinks In Hungary
- 20 Mar 2013 8:00 AM
- business
Declining car sales have devastated car dealerships in Hungary in recent years, according to a survey by PricewaterhouseCoopers (PwC). The average age of passenger cars in Hungary is 12.5 years, far above the EU average, Nepszabadsag adds.
Seven Hundred New Jobs In Szombathely, Hungary
- 27 Oct 2012 9:00 AM
- business
Nearly 700 new jobs will be created with the help of the New Széchenyi Plan at LuK Savaria Ltd. in Szombathely. The factory in Szombathely celebrated its 15th anniversary and its expansion today with the participation of Prime Minister Viktor Orbán.
Hervis Turns To EU Court On Sectoral Tax In Hungary
- 7 Sep 2012 9:00 AM
- business
Sports retailer Hervis has turned to the European Court of Justice claiming that the special tax levied on retailers is discriminatory against foreign-owned businesses while providing unfair advantage to domestic companies. Thus the European Court of Justice has received its first such case from Hungary regarding the special tax from the Székesfehérvár court where Hervis filed its case, the ...
Retails Sales Down 3% In Hungary So Far This Year
- 26 Jun 2012 1:00 AM
- business
This week the Hungarian Central Statistics Office (KSH) announced that local retail sales fell 2.7% - year-on-year - in March 2012. Also adjusted for seaonal effects, retail sales were down in April by 1.0% compared to the same month in 2011. Overall 2011 retail sales were slightly up on 2010 by 0.2% , rising that year for the first time since 2006.
Austria To Help Hungary Resolve “Pocket Contracts” Issues
- 26 Apr 2012 9:00 AM
- business
Austrian officials will work with Hungary on the issue of illegal “pocket contracts” on the sale of farmland, Regional Development Ministry state secretary Gyula Budai revealed on Wednesday. Such contracts – designed to circumvent the ban on the sale of farmland to foreigners – are to be classified as a crime, Budai announced on the weekend.
Hungarian Regional Development Ministry To Outlaw “Pocket Contracts”
- 23 Apr 2012 9:00 AM
- business
The signing of “pocket contracts” – illegal agreements to circumvent the ban on the sale of land to foreigners – will be classified as a crime, Regional Development Ministry state secretary Gyula Budai said in an interview with Magyar Hírlap at the weekend. Most such contracts have been signed in western Hungary over the past 20 years, often disguised as rental agreements.
Hungary’s Supreme Court Cancels Sale Of Former Gas Trader Emfesz
- 14 Feb 2012 8:00 AM
- business
'The Kúria, Hungary’s supreme court, yesterday voided the 2009 sale of former gas trader Emfesz and declared that its sole owner is the Cyprus-registered Mabofi Holding. The court found that former Emfesz CEO István Góczi had no authorisation to sell the 100% ownership of Mabofi to Swiss registered RosGas on April 28, 2009. Góczi reportedly sold the company for $1.
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.
Ft 2.5bn VAT Scam Uncovered In Hungary
- 15 Jul 2013 9:00 AM
- business
Tax officials have broken up a tax fraud scheme in which companies used false invoices to avoid paying Ft 2.5 billion worth of VAT, the Tax and Customs Office (NAV) announced on Friday. Financial detectives seized 16 luxury cars, 11 properties and €25,000 in cash and detained five people.
Car Dealers Fight For Survival As Market Shrinks In Hungary
- 20 Mar 2013 8:00 AM
- business
Declining car sales have devastated car dealerships in Hungary in recent years, according to a survey by PricewaterhouseCoopers (PwC). The average age of passenger cars in Hungary is 12.5 years, far above the EU average, Nepszabadsag adds.
Seven Hundred New Jobs In Szombathely, Hungary
- 27 Oct 2012 9:00 AM
- business
Nearly 700 new jobs will be created with the help of the New Széchenyi Plan at LuK Savaria Ltd. in Szombathely. The factory in Szombathely celebrated its 15th anniversary and its expansion today with the participation of Prime Minister Viktor Orbán.
Hervis Turns To EU Court On Sectoral Tax In Hungary
- 7 Sep 2012 9:00 AM
- business
Sports retailer Hervis has turned to the European Court of Justice claiming that the special tax levied on retailers is discriminatory against foreign-owned businesses while providing unfair advantage to domestic companies. Thus the European Court of Justice has received its first such case from Hungary regarding the special tax from the Székesfehérvár court where Hervis filed its case, the ...
Retails Sales Down 3% In Hungary So Far This Year
- 26 Jun 2012 1:00 AM
- business
This week the Hungarian Central Statistics Office (KSH) announced that local retail sales fell 2.7% - year-on-year - in March 2012. Also adjusted for seaonal effects, retail sales were down in April by 1.0% compared to the same month in 2011. Overall 2011 retail sales were slightly up on 2010 by 0.2% , rising that year for the first time since 2006.
Austria To Help Hungary Resolve “Pocket Contracts” Issues
- 26 Apr 2012 9:00 AM
- business
Austrian officials will work with Hungary on the issue of illegal “pocket contracts” on the sale of farmland, Regional Development Ministry state secretary Gyula Budai revealed on Wednesday. Such contracts – designed to circumvent the ban on the sale of farmland to foreigners – are to be classified as a crime, Budai announced on the weekend.
Hungarian Regional Development Ministry To Outlaw “Pocket Contracts”
- 23 Apr 2012 9:00 AM
- business
The signing of “pocket contracts” – illegal agreements to circumvent the ban on the sale of land to foreigners – will be classified as a crime, Regional Development Ministry state secretary Gyula Budai said in an interview with Magyar Hírlap at the weekend. Most such contracts have been signed in western Hungary over the past 20 years, often disguised as rental agreements.
Hungary’s Supreme Court Cancels Sale Of Former Gas Trader Emfesz
- 14 Feb 2012 8:00 AM
- business
'The Kúria, Hungary’s supreme court, yesterday voided the 2009 sale of former gas trader Emfesz and declared that its sole owner is the Cyprus-registered Mabofi Holding. The court found that former Emfesz CEO István Góczi had no authorisation to sell the 100% ownership of Mabofi to Swiss registered RosGas on April 28, 2009. Góczi reportedly sold the company for $1.